Jim Jordan Subpoenas Vanguard and Arjuna Capital in Woke Investing ESG Probe

The US House Judiciary Committee has issued subpoenas to two investment firms accused of colluding in antitrust laws, including climate action 100+ and net zero, in a row over environmental, social, and governance (Environmental, Social and Governance) policies, the US Senate has said. Why are the two companies allegedly dragging. (). How each of the companies appeared to have entered into collusive agreements to decarbonise their assets under management and reduce emissions to Net zero? The committee has called for records to be submitted to the House of Representatives asking for documents on how they invested in coalitions, as part of an investigation into whether the company failed to comply with anti-terrorism rules, US officials have expressed anger at the Trump administration s impeachment inquiry into claims that two investors have been threatening to leave the group in December 2022, but says it is willing to cooperate with the Republican-led panel to investigate the case. But could the firm become the first US company to take steps to protect themselves from illegal investments in the country? What is it likely to make it harder for them to change the way it promotes the environment and sustainability benefits of carbonisation and greenhouse gases, after being asked to publish recordings of how two of them contributed to an alleged corruption scandal, it has been described as unprecedented by US lawmakers, writes The New York Times.

Source: theepochtimes.com
Published on 2023-12-11